Mickey Mouse Brings Merger Monday Back

First we had the $5.5 billion dollar deal between Baker Hughes
and BJ Services.
Now Disney picks up Marvel. It's suddenly feeling like the
old days when Monday mornings meant merger announcements. That's
$9.5 billion in deal flow today.

No details yet on the banks working the deals or the financing
involved.

From the Associated Press:

Walt Disney
Co. says it is acquiring Marvel Entertainment
Inc. for $4 billion in cash and stock, bringing characters like
Iron Man and Spider-Man into the Disney family.

Under the deal, Disney will acquire ownership of 5,000 Marvel
characters.

Disney said Monday that Marvel shareholders will receive $30 per
share in cash plus 0.745 Disney shares for every Marvel share
they own.

It said the boards of Disney and Marvel have both approved the
transaction, but it requires an antitrust review and the approval
of Marvel shareholders.